138
138
Dec 10, 2012
12/12
by
KTVU
tv
eye 138
favorite 0
quote 0
superstorm sandy. would bring it down by about 80,000. on the other side of the equation, you actually had an early thanksgiving, which could have added some jobs as employers pulled forward their normal seasonal hiring. so the 146, or 147, is about the same as- > 147,000 jobs created. > > right. is about the same as what has been created over the last two years. in 2011 the number was about 150,000 on average. in 2012, 150,000 on average. > it's also based on - at least the unemployment rate of 7.7% - it went down a little bit - based on the fact that there were fewer people looking for work, not more people finding work. > > sure. at the end of the day, i think there are really two things, and i harp on these each and every time i come on the show, that are kind of driving unemployment in this country. one, i think there's a structural problem. i don't think the fed is going to be able to have people create more jobs, because there is a problem with a mismatch of skills. there are two articles in friday's wall street journal that kind o
superstorm sandy. would bring it down by about 80,000. on the other side of the equation, you actually had an early thanksgiving, which could have added some jobs as employers pulled forward their normal seasonal hiring. so the 146, or 147, is about the same as- > 147,000 jobs created. > > right. is about the same as what has been created over the last two years. in 2011 the number was about 150,000 on average. in 2012, 150,000 on average. > it's also based on - at least the...
259
259
Dec 6, 2012
12/12
by
CNNW
tv
eye 259
favorite 0
quote 0
he's lobbying for more federal dollars for superstorm sandy recovery. new jersey governor estimates the storm did some $37 billion damage to his state. cameras were rolling as we caught the governor arriving at the white house this morning. and then he headed to capitol hill to meet with members of congress. >> good morning. >> going home, guys. see you later. >> aid for state, considering the fiscal cliff and this budget crisis we're in right now? >> heading home now, guys. not taking questions today. >> heading home now, he says. story's very personal for one teenager. back home, who faces the impact of superstorm sandy everywhere he turns. he saved his family when that storm hit. he lost his home. and his school. but he hasn't lost his spirit. poppy harlow spent a day with ryan panetta in the broad channel neighborhood in new york. this is queens. take a look. >> reporter: the sun isn't up at breakfast time for the panettas. how tired are you? >> very. >> reporter: they're living in a borrowed one-bedroom apartment with their parents. how long is you
he's lobbying for more federal dollars for superstorm sandy recovery. new jersey governor estimates the storm did some $37 billion damage to his state. cameras were rolling as we caught the governor arriving at the white house this morning. and then he headed to capitol hill to meet with members of congress. >> good morning. >> going home, guys. see you later. >> aid for state, considering the fiscal cliff and this budget crisis we're in right now? >> heading home now,...
122
122
tv
eye 122
favorite 0
quote 0
scenes like this from superstorm sandy could become more common according to the national oceanic and atmospheric administration. devastating flooding from a hurricane is only indication what will come from future storms. scientists predict global sea levels will rise eight inches to 6.6 feet before the end of the century. atlantic coast is on thin ices are water levels rising average rate of 1 1/2 inches per decade. david: we've got to be a little careful with some of that because other people disagree dramatically with those figures. what you're looking at now is somebody getting a flu shot and if you're looking for a free flu shot, well you can trade in your gun. the city of worcster, massachusetts, is having a goods for guns buyback program. tomorrow you can bring in your unwanted, unloaded guns over to police headquarters, and in return you will get a free flu shot. big deal, and a gift certificate for wegman's grocery stores for 25 bucks. value of the certificate is depending on guns you trade in. the gu
scenes like this from superstorm sandy could become more common according to the national oceanic and atmospheric administration. devastating flooding from a hurricane is only indication what will come from future storms. scientists predict global sea levels will rise eight inches to 6.6 feet before the end of the century. atlantic coast is on thin ices are water levels rising average rate of 1 1/2 inches per decade. david: we've got to be a little careful with some of that because other people...
126
126
Dec 7, 2012
12/12
by
WTTG
tv
eye 126
favorite 0
quote 0
sandy. m >>> we are also following developing news overseas. up next, egyptian president mohammed morsi tries to quiet protesters but is he will to back down from his power grab. >>> a major ruling in michigan that has some workers upset and could hurt the auto industry. more on that when we return. >>> michigan is now one step closer to becoming a right to work state. yesterday, the state house and senate approved bills limiting ups from collecting fees from nonunion workers. the bill has caused quite an uproar with union workers who say union rights are now at risk. ballet between labor and business could hit the auto industry especially hard. the governor says the bill promotes work equality. >>> mohammed morsi said he would not tolerate anyone trying to overthrow what he calls his legitimate government but the protestors say they'll continue. seven people are dead after violent clash this is week. >>> and historic visit by the leader of hamas to gaza tbeen e years. his party has been
sandy. m >>> we are also following developing news overseas. up next, egyptian president mohammed morsi tries to quiet protesters but is he will to back down from his power grab. >>> a major ruling in michigan that has some workers upset and could hurt the auto industry. more on that when we return. >>> michigan is now one step closer to becoming a right to work state. yesterday, the state house and senate approved bills limiting ups from collecting fees from...
260
260
Dec 7, 2012
12/12
by
CNNW
tv
eye 260
favorite 0
quote 0
we thought -- we were going to have the effects of superstorm sandy. we thought we were going on have some of the effects of the fiscal cliff affecting consumer confidence. investment behavior. so given those two plus the hostess strike and shutdown, you know, this is a -- these are -- it tracks the 146,000 new jobs over the month. tracks the average that we have been seeing over this past year. actually 2011. but however, though, you know, that's right at that level, that threshold, that you have to have just to keep make ends meet. so when you turn to the household survey, that, you know, unemployment rate falling to 7.7%. it is not because people are getting lots of jobs. it is because people have been leaving the labor important, because we are -- we have been treading along in the second gear at this 140,000, 150,000 new jobs per month. >> labor force, you believe, is shrinking. let's -- >> yeah. this report -- this report showed it shrank again and over the last 12 months it shrank and i believe even people have been talking about we are at 20, 3
we thought -- we were going to have the effects of superstorm sandy. we thought we were going on have some of the effects of the fiscal cliff affecting consumer confidence. investment behavior. so given those two plus the hostess strike and shutdown, you know, this is a -- these are -- it tracks the 146,000 new jobs over the month. tracks the average that we have been seeing over this past year. actually 2011. but however, though, you know, that's right at that level, that threshold, that you...
173
173
Dec 7, 2012
12/12
by
CNNW
tv
eye 173
favorite 0
quote 0
it's likely that superstorm sandy skewed the numbers, perhaps dramatically. economists at deutsche bank expect only 25,000 jobs added after they studied the hurricane effe effects on jobs. it was difficult for the labor department to collect data during and after that storm. in today's report, we'll watch four sectors hardest hit by the storm, manufacturing, retail, leisure and hospitality and temporary help industries. mark sandy said aside from the storm the job market turned in a good performance for the month. this simpreis impressive given uncertainty created by the presidential election and the fast-approaching fiscal cliff. except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value
it's likely that superstorm sandy skewed the numbers, perhaps dramatically. economists at deutsche bank expect only 25,000 jobs added after they studied the hurricane effe effects on jobs. it was difficult for the labor department to collect data during and after that storm. in today's report, we'll watch four sectors hardest hit by the storm, manufacturing, retail, leisure and hospitality and temporary help industries. mark sandy said aside from the storm the job market turned in a good...
301
301
Dec 7, 2012
12/12
by
CNNW
tv
eye 301
favorite 0
quote 0
the white house is questioning $60.4 billion for states affected by superstorm sandy. mary snow how as the unbelievable story of one man whose home survived the storm's wrath, but not what came next. >> reporter: you see one mangled home after another. this area was so hard hit, that residents are only allowed back in every three days to reclaim their possessions. that's a lot more than one man got after he returned home to find out that his home had been bu bulldozed, and he had not had the chance to reclaim anything. >> this is what you came home to two weeks after the storm. >> nick expected devastation, but not this. a seatcushion is all that's left of his family's summer home. two weeks after sandy, maria and his neighbors were finally allowed back into the area. but his house had been bulldozed. >> everyone else was here that week, that day, and i felt like a lost soul. everybody is taking clothing out, bringing their luggage, taking pictures out, whatever they could stuff in, and i had nothing to take. that was a shock. >> a long with shock came frustration over
the white house is questioning $60.4 billion for states affected by superstorm sandy. mary snow how as the unbelievable story of one man whose home survived the storm's wrath, but not what came next. >> reporter: you see one mangled home after another. this area was so hard hit, that residents are only allowed back in every three days to reclaim their possessions. that's a lot more than one man got after he returned home to find out that his home had been bu bulldozed, and he had not had...
87
87
tv
eye 87
favorite 0
quote 0
what does that say abo the money from superstorm sandy and how will be used? the governors have asked for more money than ever in dealing with the aftermath of the storm or method is the same thing all over again. what governor cuomo is doing is focusing on a big number. $42 billion that he wanted from washington. he really has no idea what the damages and how much it will cost to fix the system -- the signal system in the subways. they really won't know anyone have any idea any idea how much it will really need until later. gerri: it is a guessing game. >> exactly. the local and state politicians thk of this is free ney and they don't spend itwell. gerri: i saw the list that andrew cuomo requested and he wanted everything but a pony. [laughter] >> new york city is paying hundreds of dollars per night for empty hotel rooms. it's free money, as mhael said. that is the kind of attitude where nobody really tches. everybody assumed someone else is going to pay later. but we all payecause the cost of living is reflected in the way govnment wastes money. gerri: amen
what does that say abo the money from superstorm sandy and how will be used? the governors have asked for more money than ever in dealing with the aftermath of the storm or method is the same thing all over again. what governor cuomo is doing is focusing on a big number. $42 billion that he wanted from washington. he really has no idea what the damages and how much it will cost to fix the system -- the signal system in the subways. they really won't know anyone have any idea any idea how much...
203
203
Dec 10, 2012
12/12
by
CNNW
tv
eye 203
favorite 0
quote 0
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
155
155
tv
eye 155
favorite 0
quote 0
i understand that you think they will be collared dramatically by superstorm sandy? >> well, i think there's an effect. one can easily overstate that. sandy affected new jersey hobbly and new york symptom, but not the whole country. i think the unemployment numbers and the employment numbers reflect concern about the fiscal cliff as much as sandy, but they also just reflect the fact the economy's still growing, but growing slowly as it has been for basically three years now, and wii not going to get big reductions until something gets the economy energized again. gerri: growth at 93,000 jobs. that's not inspiring. that's worrying. that's not enough to get us going. >> you need something like 150,000 or 200,000 jobs -- gerri: or more. >> or more: we have rarely hit that in the last three years, only a few times, and on average, well below that. again, it comes down to the fact that i think people's expectations of what u.s. policy's going to be are dramatically affected by fear over higher taxes, regulation, spending that's not controlled, and so expect a slow growing
i understand that you think they will be collared dramatically by superstorm sandy? >> well, i think there's an effect. one can easily overstate that. sandy affected new jersey hobbly and new york symptom, but not the whole country. i think the unemployment numbers and the employment numbers reflect concern about the fiscal cliff as much as sandy, but they also just reflect the fact the economy's still growing, but growing slowly as it has been for basically three years now, and wii not...
338
338
Dec 7, 2012
12/12
by
CNNW
tv
eye 338
favorite 0
quote 1
. >>> new york has as much as $1 million wasted as the city recovers from superstorm sandy. the wall street journal now is reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they're supposed to house residents displaced by the superstorm, but those rooms are unoccupied. more than 1,000 people are l
. >>> new york has as much as $1 million wasted as the city recovers from superstorm sandy. the wall street journal now is reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they're supposed to house residents displaced by the superstorm, but those rooms are unoccupied. more than 1,000 people are l
298
298
Dec 7, 2012
12/12
by
KRON
tv
eye 298
favorite 0
quote 0
sandy. the labor department reported that 370-thousand people filed initial jobless claims last week. that's down 25-thousand people compared to the previous week. claims surged in mid- november, after the storm put many workers out of a job temporarily. november's jobs report is due out tomorrow. return to the new fantasyland in the magic kingdom at walt disney world in florida is officially open for business. the expansion includes more disney characters and two new themed areas -- the enchanted forest and storybook circus. the 425-million-dollar expansion is the largest in of the original fantasyland. will be opened through 20- 14. sports as next.. is next (male announcer): now, here's stanley roberts who found people behaving badly. >> you are looking at surveillance video of a bandit that has been hitting a home in livermore repeatedly the resident hopes you can idenitfy this brazen in the middle of the night thief he would steal >> cigarette packs on the front yard some garden tools th
sandy. the labor department reported that 370-thousand people filed initial jobless claims last week. that's down 25-thousand people compared to the previous week. claims surged in mid- november, after the storm put many workers out of a job temporarily. november's jobs report is due out tomorrow. return to the new fantasyland in the magic kingdom at walt disney world in florida is officially open for business. the expansion includes more disney characters and two new themed areas -- the...
130
130
tv
eye 130
favorite 0
quote 0
ashley: superstorm sandy causing devastation for many americans. massive power outages sparked a booming business for one wisconsin company. jeff flock has more. jeff: whenever there is a huge economic recovery in this country, this is what it will look like. this is a company that makes generators like no other. they have more of the backup generator market in this country than all the other competitors combined. despite the fiscal cliff, you are in a massive upswing. >> we are. demand for our products has been tremendous. obviously, that comes from the outages we have experienced as a country. it has put a lot of demand out there for our product. jeff: these are the alternators that go inside the generators for those of you who maybe do not remember their high school physics. the bottom line is, you have a huge market for this right now. >> we do. a rich market today. there are a lot of hustled out there that could use a product like this. jeff: take a walk with me, i want to say people briefly. this plan. this is a massive plant. you cannot hire
ashley: superstorm sandy causing devastation for many americans. massive power outages sparked a booming business for one wisconsin company. jeff flock has more. jeff: whenever there is a huge economic recovery in this country, this is what it will look like. this is a company that makes generators like no other. they have more of the backup generator market in this country than all the other competitors combined. despite the fiscal cliff, you are in a massive upswing. >> we are. demand...
129
129
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 129
favorite 0
quote 0
president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations committee about the benghazi attacks. september 11th all the on the u.s. consulate in libya left ambassador chris stephens and three others dead. clinton will testify before the 130th congress sometime in january. she's also agreed to testify before the house foreign affairs committee. i'm li elizabeth pren in new yo. for all the headlines, log onto foxnews.com. >>> a warning that some of our nation's biggest companies may be hoodwinking you, the taxpayers. major companies like gm taking advantage of all kinds of incentives and tax breaks from local and state governments, but are the communities, meanin
president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations...
198
198
Dec 7, 2012
12/12
by
CNNW
tv
eye 198
favorite 0
quote 0
and how does superstorm sandy figure into all of this? >>> plus, come on, santa, this is what this man wants for christmas. can you believe this billboard? all i want for christmas is latina girlfriend. smart latinas will see this and run like the wind to get way from this man. we'll talk about that, straight ahead. with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed
and how does superstorm sandy figure into all of this? >>> plus, come on, santa, this is what this man wants for christmas. can you believe this billboard? all i want for christmas is latina girlfriend. smart latinas will see this and run like the wind to get way from this man. we'll talk about that, straight ahead. with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and...
161
161
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 161
favorite 0
quote 0
despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm in the face of sandy and fiscal cliff concerns, so that's good news. >> surprising exactly no one, the white house and republicans had different spin on the numbers. >> if congress does address the problems that it needs to address, concerning the fiscal cliff, if we have reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesses
despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm...
435
435
tv
eye 435
favorite 0
quote 0
superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the hospital thursday from a detention center in guatemala city, after complaining of chest pains. he's now back in his cell and could be send back to belize, where police want to question him about the murder of his neighbor. >>> now, here's diane sawyer with a preview of tonight's "world news." diane? >> so, josh, it's friday. it's great to talk to you. and how about a holiday tradition for years? everybody wondering, what happened to the determined little boy they loved? well, he's all grown up. and he has a perfect gift for you. tonight, behind the scenes of a christmas classic. and he is our "person of the week" tonight. >
superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the...
194
194
Dec 10, 2012
12/12
by
KQED
tv
eye 194
favorite 0
quote 0
sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resu
sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our...
103
103
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 103
favorite 0
quote 0
chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in the virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the democrats more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you'
chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to...
113
113
Dec 10, 2012
12/12
by
FBC
tv
eye 113
favorite 0
quote 0
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
107
107
tv
eye 107
favorite 0
quote 0
apparently no impact from superstorm sandy. the unemployment rate went down 7.7%. here is the reason why. the labor force participation rate down to 63.6%, and 350,000 people passed the work force and gave up looking for work. that is the real story in the jobs report. that is why many -- why the rate came down. a lot of people flat out discouraged. the white house releasing a statement on the jobs report, same as always saying the economy is growing, policies are working. only a small game for stocks this morning. dow industrials, 51 points. back in a moment with a young republican. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for ristmas delivery. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to bathe, i thought those days might be over. so my doctor prescribed symbicort. it heps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicor
apparently no impact from superstorm sandy. the unemployment rate went down 7.7%. here is the reason why. the labor force participation rate down to 63.6%, and 350,000 people passed the work force and gave up looking for work. that is the real story in the jobs report. that is why many -- why the rate came down. a lot of people flat out discouraged. the white house releasing a statement on the jobs report, same as always saying the economy is growing, policies are working. only a small game for...
184
184
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 184
favorite 0
quote 0
monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are hereafter the fact. >> now good news on the horizon, one hopes, for victims needing shelter in new jersey. let's bring in new jersey congressman. thanks for being with us. as i understand it you got off the phone with the administrator yesterday evening. he finally promised by monday to provide some of the temporary housing. you know, the mobile homes and the trailers. but my goodness, everybody knew there were thousands of new jersey residents without a place to live six weeks ago. why would it take fema six weeks to do the obvious? >> they are denying there is still a great
monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are...
260
260
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 260
favorite 0
quote 0
superstorm sandy may have devastated the town, but our next guest making sure that all kids get toys for christmas. i like this woman. an amazing venture you'll hear about after the break. ♪ i got you babe ♪ i got you baby er really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about
superstorm sandy may have devastated the town, but our next guest making sure that all kids get toys for christmas. i like this woman. an amazing venture you'll hear about after the break. ♪ i got you babe ♪ i got you baby er really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online....
316
316
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 316
favorite 0
quote 0
economy adding 146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned, some businesses are seeing a boom, especially in the home improvement area. construction jobs, plumbers, electricians, landscapers, roofers, drywall finishers, they're all working very, very hard, getting a lot of new business. we spoke to a couple, dana that and anthony devigne know, who run their own electrical contracting business, here's what they told us. >> people want their work done right away, and we're working as hard as we can to get that done for them. >> and i'm a firm believer in taking the work while it's there, so we really don't pass up too much. if we have to work saturdays and sunda
economy adding 146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned,...
328
328
Dec 7, 2012
12/12
by
CNNW
tv
eye 328
favorite 0
quote 0
besides superstorm sandy's aftermath possibly skewing both surveys, the labor department says it decided to call people's homes a week early because of thanksgiving. diane swan says look for the numbers to be revised. >> we did see unemployment insurance claims surge in the wake of sandy. and they may not have been totally included in some of the data as well because of electrical problems and people submitting on the survey. so it is unclear that although the number looks better than when what we expected, whether it is capturing sandy, because there were so many disruptions to reporting that my guess is that that's part of the reason we're seeing this seeing this distortion. >> but labor secretary says her agency takes all those things into account. her agency's report said, quote, its analysis suggests that hurricane sandy did not substantively impact the national emunemployment and unemployment numbers. >> they make judgments. the labor bureau statistics does their calculation. they look back at what happens happened previously, they use the same methodology used even during katrina,
besides superstorm sandy's aftermath possibly skewing both surveys, the labor department says it decided to call people's homes a week early because of thanksgiving. diane swan says look for the numbers to be revised. >> we did see unemployment insurance claims surge in the wake of sandy. and they may not have been totally included in some of the data as well because of electrical problems and people submitting on the survey. so it is unclear that although the number looks better than...
414
414
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 414
favorite 0
quote 0
and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future challenges, including future severe storms and flooding as well as impacts associated with a changing climate. just because the white house is requesting 60.4 billion dollars doesn't necessarily mean it will be easily approved by the house of representatives, because money is tight right now and as spokeman for speaker boehner says simply, we have the request and we will review it. four u.s. senators from new york and new jersey, chuck schumer robert menendez and kirsten gillibrand says the money might get caught up with people wanting it elsewhere. and it's a tough fight in congress given the fiscal cliff and
and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
the job numbers are expected to be depressed by superstorm sandy. >>> we'll get instant analysis when the report comes out. >>> plus, a motor city makeover. >> what does opportunity look like? it looks like detroit. >> guest host dan gilbert on his efforts to revitalize detroit as the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide. i'm joe kernen along with becky quick and steve liesman and andrew ross sorkin is off for one more day. our guest host dan gilbert, founder of quicken loans and owner of the cleveland cavaliers. we'll talk about a lot this hour but the big 50 is the november jobs report. it comes out at 8ky there. the dow jones news wire poll of forecasters, we thought this was so interesting we wanted to get a reaction shot of you. did you see how long you were on? we wanted you to -- we wanted a lot -- we wanted angst, we wanted suspense and disappointment. >> how did i do? >> i don't know. we were waiting for something. >> i didn't know i was on. >> you were. the button was stuck. the economy likely
the job numbers are expected to be depressed by superstorm sandy. >>> we'll get instant analysis when the report comes out. >>> plus, a motor city makeover. >> what does opportunity look like? it looks like detroit. >> guest host dan gilbert on his efforts to revitalize detroit as the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide. i'm joe kernen along with becky...
323
323
Dec 10, 2012
12/12
by
CNNW
tv
eye 323
favorite 0
quote 0
one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put more gasoline online. the third thing, this one's important, crude oil prices, which are really the underlying feedstock for gasoline, crude oil prices have remained low. as we are concerned about the fiscal cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spr
one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put...